Business Today

The Indian banking sector is poised at an interesting juncture. The Reserve Bank of India last year showed its displeasure with the professional and personal actions of several marquee CEOs, leading to changes in leadership in three private banks. T

Q. The biggest challenge you faced in your career A. I was keen to come here as I love India and its people. I came here nearly four years ago and joined a company that has a very successful team with high human and moral values. My biggest challenge

The Rs 152 lakh crore banking industry is yet to come out of the woods but is experiencing a breath of fresh air. There are new CEOs at some of the fast growing private sector banks such as ICICI Bank, Axis Bank, IDFC First Bank and YES Bank. Two oth

Three months ago, the Reserve Bank of India (RBI) and the government were almost baying for each other's blood. But things have improved drastically after former bureaucrat Shaktikanta Das replaced Urjit Patel, who left Mint Street abruptly in Decemb

1) The Founders Dinesh Kumar Kotha and Sripad Vaidya. Kotha specialises in product development and played a crucial role at o9 Solutions India. Earlier, he had worked for IBM. Vaidya is also a former IBM professional and has more than eight years of

As a young professional working at his uncle's travel agency in Delhi, Naresh Goyal, the Chairman of Jet Airways, had exact schedule of almost every flight in the country on his fingertips. This perseverance and hands on approach, added to his deal m

Journalist Barkha Dutt has been a frequent target of trolls on social media platforms. But who could have thought that reporting these incidents might lead to blocking of her account? Recently, when she tweeted some of the threat pictures sent to her

The third quarter GDP numbers released by the Central Statistical Organisation shows what most economists were predicting that growth was slowing down. At 6.6 per cent growth, it is the lowest in five quarters. The CSO has also reduced its growth

A packed hall testified to the interest that a theme like Rebrain or Rot generated. As the main topic of discussion at the sixth edition of India Today's leading flagship business event, Business Today MindRush 2019, it attracted diverse points of vi

Everyone in the business circles of Mumbai and other metros as well seems to have an opinion on Anil Ambani's current predicament and his fall from being one of the richest men in the world 10 years ago to one who is hanging on to his billionaire

Making Waves Slowly but surely India is carving out a niche for itself on the global wine map. And the latest to join the growing list is a label called Early Dark, brought to you by veteran winemaker Abhay Kewadkar in collaboration with Rishad Minoc

For a bank that says getting the fastest growing tag has never been its number one priority, Kotak Mahindra Bank has done exceptionally well for itself. The focus on reducing risk, rather than growing at all costs, is perhaps why this new millennium

What causes cardiac problems? A number of factors, including stress, unhealthy lifestyle and family history. In this column, we have looked at several tools for monitoring blood pressure and blood sugar at home. For instance, those who have survived

Starting its journey 400 km away from India's financial capital, Kolhapur based RBL Bank is now giving established banks a run for their money. Its credit card portfolio is among the fastest growing in the industry, having increased 2.6 times in the

The past cannot be changed. The future is in your power. This was the message from Rajnish Kumar, Chairman of the State Bank of India (SBI), when he took over in October 2017. The 61 year old wants the country's largest bank to focus on being transfo

The capabilities demonstrated by artificial intelligence (AI) are just beginning to unfold one shock after another. That the technological evolution has the potential to affect human life and society before we are ready for it is already giving resea

Your predecessor said CEA is a dream job. What has been your initial experience? It is enjoyable. Possibly because I joined when Budget deliberations had just started. Q: A series of US trained professionals have had a tough time in India as they wer

On the morning of May 17, 2004 (infamously known as the Black Monday), the Sensex dropped 17 per cent, the biggest slump in its history. The circuit breaker was triggered twice that morning, halting all trading for three hours. It was the market's m

Ranjit Punja, 49, Founder and CEO of Chennai based CreditMantri, is unlike of many other Fintech entrepreneurs. He spent over two decades with Citibank before the entrepreneur bug bit him. Ditto for the two other co founders R. Sudarshan, the Chief

In spite of its hefty price tag, HP's Spectre Folio is bound to get mixed reactions as far as looks are concerned. Clad in cognac brown genuine leather, it could be a head turner but only if you have a taste for the classic corporate combo of leather

The state owned Punjab National Bank (PNB) has taken the digital highway to reach out to the financially excluded all thanks to the use of cost effective e KYC, Aadhaar enabled payment system (AePS), online loan tracking system and data analytics t

Five year old LendingKart, a fintech start up in the short term SME working capital space, has a 'WISH' philosophy without human intervention; instant disbursal; simple process; and hyper flexibility in repayment. "The WISH philosophy is based on t

The banking sector saw large scale CEO exits in 2018/19 because of governance and performance issues. Asset quality continued to play havoc with banks' profitability, capital and net worth. Business Today KPMG kicked off the annual exercise to select

When Aditya Puri joined HDFC Bank nearly 25 years ago, the bank's balance sheet was as empty as the table in his corner office today. Puri runs India's largest private sector bank without a pile of papers or digital devices on his table. He also does

Be it online merchants on platforms like Flipkart and Amazon, Oyo affiliated hotel owners or cab owners of taxi aggregators, the state owned Bank of Baroda has taken a huge lead over others in reaching out to them, thanks to its partnerships with fin

Imagine this. You spot a beautiful locality while driving your car, but instead of checking the location on your map or tagging the place, you simply ask your car's voice assistant what this place is and get accurate information in real time. Simila

In India, JP Morgan has managed to stay a step ahead of its global competitors. It was the lead financial adviser to Walmart for its Flipkart buy, the biggest deal in Indian retail so far, even as profits from its India business grew 10 per cent in F

The Indian banking landscape has been transforming over a decade, from changing customer expectations and evolving technology to innovation in products and services, fueled by a democratised digital infrastructure. Over the same period, India change

A product made in India and deployed in India that could be offered to the rest of the world this is the vision around which Bengaluru based mPoS (mobile point of sale) solutions provider Ezetap was set up in 2011. For Co founders Abhijit 'Bobby' B